The State Of Steem: More People Are Getting It

in Threespeak - OLD5 years ago (edited)

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It is so encouraging to see what is taking place. There is a growing segment of Steem that is getting it. They are seeing what is still a vision of what blockchain and cryptocurrency will do.

I cover the details inside.


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If steem flies up we will all be rich lol

The benefits of being an early adopter.

Posted via Steemleo

@taskmaster4450le yeah true,just imagine if a person buys steem right now,and in the next few months the price becomes 10$,how would that sound??very profitable right??

Posted via Steemleo

the flight have started already..lol...

Posted via Steemleo

I really got pumped when I listened to what you had to say in your video. I know that there is so much Great Stuff that will happen Here on Steemit and it is Not Only about ONE token anymore. Thanks for taking the time to talk about it @taskmaster4450

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it is really an exciting news,hopefully they continue getting it,steem deserves to keep appreciating in value...

Posted via Steemleo

let them keep getting the steem so that the market will keep doing well...

Posted via Steemleo

infact by now i expect steem to have been among the top ten cryptocurrencies on coinmarketcap.com rating....but the bearish trend on the steem market made it to drop in the rating,but well with the way the steem price is behaving currently and with the way more people are investing on steem then very soon steem will be among the top ten in the rating...

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Summary:
In this video, Task discusses the growing potential of blockchain and cryptocurrency technologies. He highlights the shift towards understanding the broader applications beyond just tokens, emphasizing the development of communities, tokenization, and the creation of economies using blockchain. Task explores how cryptocurrency can fund various projects, such as cancer research, and how individuals can earn and utilize cryptocurrencies through various activities. He stresses the significance of network effects in determining the value of cryptocurrencies and compares their adoption to that of traditional fiat currencies like the USD. Task predicts a significant growth in the blockchain space, especially on platforms like Steam, with the upcoming introduction of SMTs (Smart Media Tokens).

Detailed Analysis:
Task begins by commending the increasing interest in blockchain and cryptocurrency technologies, noting a shift towards exploring topics such as security tokens, Starlink (from SpaceX), and combating global poverty using cryptocurrencies. He discusses the evolution of platforms like Steam, highlighting the expansion beyond just the Steam token to include various other tokens and projects, particularly with the introduction of communities and SMTs.

The discussion delves into how communities can tokenize and create their economies on blockchain platforms like Steam, emphasizing the decentralized and unstoppable nature of such economies. Task draws parallels between the current state of blockchain and the early days of the internet, highlighting the potential for widespread adoption and innovation in various sectors like finance, business, and creation.

Task emphasizes the ability of cryptocurrencies to fund projects and research initiatives, shifting away from traditional funding models to tokenized systems. He underscores the increasing ways individuals can earn cryptocurrencies through various activities and projects within the blockchain ecosystem.

Furthermore, Task discusses the concept of network effects and its role in determining the value of cryptocurrencies, using the USD as a comparison. He touches on the importance of attracting and retaining users to blockchain platforms through engaging activities and token rewards, foreseeing a growing adoption of cryptocurrencies in the future.

Task expresses optimism about the potential growth of blockchain, particularly on the Steam platform, with the impending launch of SMTs. He envisions a future where individuals can easily create tokens, communities, and marketplaces on the platform, democratizing access to the blockchain economy.

In conclusion, Task encourages viewers to explore the evolving landscape of blockchain technology and cryptocurrency rewards on platforms like Steam, highlighting the promising developments and growth opportunities in the space.

@taskmaster4450 i believe that the fact is that the more steem price rises the more people would begin to have so much interest in it and buy too and the buying action will let the bullish trend to continue....

Posted via Steemleo

@taskmaster4450 i agree with your opinion,for example i believe that if we have three very rich investors who are willing to invest on the steem market then that could make the steem price to even reach 2$ before end of this year,yeah it is possible...steem price in the past years have reached $1 before and yeah it can do it again,just imagine if some investors pump 30million$ to the market,do you know how much impact that would have on the price of steem??it would be really great...

Posted via Steemleo

that could be the major reason for the current boost in the price of steem,this is a good news though and when more people continue to show interest in buying steem then that would make the steem price to keep going up...

Posted via Steemleo